IBM Reportedly planning acquisition of point-of-sale business Revel
IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
Digital payments network iink Payments secures $3m
Digital payments network iink Payments has secured $3m in its seed funding round, which was led by Grand Ventures.
AllWork secures $4.9m in Series A haul
AllWork, a New York-based freelance management and payments platform provider, has scored $4.9m in a Series A funding round.
Australian payments company Till Payments cuts 40% of team
Australian payments company Till Payments has reportedly laid off 120 employees, whilst adding three new board members.
PPRO enters South Korea through integration with FinTech giant Toss
Digital payment infrastructure provider PPRO has extended its services to South Korea by integrating with local cards and e-wallet Toss Pay.
Two nets Series A to aids its goal of accelerated B2B transactions
Two, which is helping to make B2B transactions frictionless, has secured €18m in its Series A funding round.
Global payables automation platform Tipalti snares $150m
Tipalti, a payables platform, has scored $150m in incremental growth financing from JPMorgan Chase Bank and Hercules Capital.
Transfast lands $40m credit facility from Comvest Partners
Cross-border payment provider Transfast has picked up a $40m credit facility from investment firm Comvest Partners.
Payments company TerraPay secures $9.6m in funding
Payment product developer TerraPay has secured $9.6m in funding to support its continued growth.
AliPay and WeChat granted Hong Kong digital wallet licenses
Two of China biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It seen as a major step towards international expansion.